City Spend
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Is Big Tech's Spending Stifling AI Startups Innovations?
Critics say technology giants' multibillion-dollar spending on AI infrastructure makes it hard for startups to compete.Inc. - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
Here's What Happened When These Cities Raised Taxes to Fund Childcare
Parents say the free day care 'changed my life,' allowing workers at low-wage jobs to balance household budgets and start saving.Inc. - Business -
Hotel Workers Plan Rallies in 18 Cities Ahead of Contract Negotiations
Unionized employees of Marriott, Hilton, and Hyatt properties will take to the streets May 1, seeking major pay increases in a sign of organized labor's growing clout.Inc. - Business -
Israeli strikes on southern Gaza city of Rafah kill 18
Israel has carried out near-daily air raids on Rafah, where more than half of Gaza’s population of 2.3 million has sought refuge.Politico - Politics - Israel -
Dutch city pilots radical debt cancellation scheme for poor families
Councillor in Arnhem says existing system to resolve issues caused by debt costs billions and isn’t working. The Dutch city of Arnhem is going to cancel the debts of some of the poorest families in the Netherlands in an attempt to break a ...The Guardian - World - Netherlands -
Nigerians struggle with fuel shortages as queues form across major cities
Nigerians are struggling with an ongoing fuel shortage, the latest of a series of supply disruptions in the country where many rely heavily on public transportationABC News - World -
Campaign to build new California city submits signatures to get on November ballot
A Silicon Valley-backed campaign to build a new city in California for up to 400,000 people says it submitted enough signatures to qualify the initiative for the November electionABC News - Tech - California -
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.The New York Times - Tech -
Surrounded by Fighters and Haunted by Famine, Sudan City Fears Worst
A powerful paramilitary group has encircled El Fasher, the last remaining obstacle to domination of the sprawling Darfur region, raising alarm about mass killings if the city is taken.The New York Times - World -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Israeli strikes on southern Gaza city of Rafah kill 18
Israel has carried out near-daily air raids on Rafah, where more than half of Gaza’s population of 2.3 million has sought refuge.Politico - Politics - Israel -
Israeli strikes on southern Gaza city of Rafah kill 18
Israel has carried out near-daily air raids on Rafah, where more than half of Gaza’s population of 2.3 million has sought refuge.Politico - Politics - Israel -
Ahead of the Paris Olympics, police clear a migrant camp near City Hall
Paris police have evicted migrants from a makeshift tent camp next to City Hall, the latest clear-out that aid groups allege is a campaign of ’’social cleansing″ ahead of the Summer OlympicsABC News - World -
Charlotte Mourns 4 Officers Killed in Shooting While Serving Warrant
The killing of the four officers in a usually quiet neighborhood, where a running gun battle left people scrambling for cover, stunned residents and brought anguish across the city.The New York Times - Top stories -
Amazon cloud sales growth accelerates as it prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cloud sales growth accelerates as it prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cloud sales growth accelerates as it prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
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NBA offseason: What is the CBA’s second apron? And how does it limit high-spending teams?
The second apron is a new, additional threshold, slated as roughly $11 million ($190 million total) above the first apron for the 2024-25 league season. It will handicap team decision-makers more than ever before.Yahoo Sports - Sports - NBA -
Walmart launched its bettergoodspremium foods private label,aiming to attract new shoppers andprompt customers to spend more.
Walmart launched its bettergoods premium foods private label, aiming to attract new shoppers and prompt customers to spend more.The Wall Street Journal - World